Market Watch

Market Watch

A Sampling of Advisory Opinion

U.S. Economics by Royal Bank of Scotland 600 Washington Blvd. Stamford, Conn. 06901 Feb.11: [Federal Reserve Chair Janet] Yellen reiterated that it will likely be appropriate to maintain the current funds rate well past the time when the unemployment rate declines below 6.5%, especially if inflation continues to run below the 2% goal. She stated she is committed to achieving both parts of dual mandate (full employment and 2% inflation).